Price for Flax; Hackled or Otherwise Processed, But Not Spun in Estonia - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $15,966 per ton, picking up by 42% against the previous year. In general, the import price posted a temperate expansion. The pace of growth was the most pronounced in 2016 an increase of 126% against the previous year. Over the period under review, average import prices reached the maximum at $16,665 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($25,545 per ton), while the price for Poland ($5,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $5,400 per ton in 2022, remaining constant against the previous year. In general, the export price showed a deep setback. The pace of growth was the most pronounced in 2014 an increase of 260%. The export price peaked at $12,089 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($5,750 per ton), while the average price for exports to Norway amounted to $4,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of flax; hackled or otherwise processed, but not spuns, when their volume decreased by -74.3% to 498 kg. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 308% against the previous year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted remarkably to $8K in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 331%.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.6 | 12.0 | 18.1 | 6.2 | 117.8% |
| Poland | 0.5 | 1.1 | 1.1 | 0.9 | 21.6% |
| Latvia | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
| Lithuania | N/A | 0.4 | 0.6 | 0.3 | -13.4% |
| Belgium | N/A | N/A | 1.4 | N/A | 0% |
| Egypt | 0.4 | N/A | N/A | N/A | 0% |
| Others | 1.6 | N/A | N/A | N/A | 0% |
| Total | 3.1 | 13.5 | 21.8 | 8.0 | 37.2% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Estonia in 2022:
- Denmark (244.0 kg)
- Poland (166.0 kg)
- Latvia (66.0 kg)
- Lithuania (22.0 kg)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia
After three years of growth, shipments abroad of flax; hackled or otherwise processed, but not spuns decreased by 0% to 5 kg in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 400%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of flax; hackled or otherwise processed, but not spuns amounted to $27 in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 800% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | 22.0 | 23.0 | 4.5% |
| Norway | 8.0 | 3.0 | 5.0 | 4.0 | -20.6% |
| Others | 3.0 | N/A | N/A | N/A | 0% |
| Total | 11.0 | 3.0 | 27.0 | 27.0 | 34.9% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Estonia in 2022:
- Latvia (4.0 kg)
- Norway (1.0 kg)
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